The study of the product or service in the market is something vital for companies, since it directly affects sales, it is important to identify the life cycle of each product in the portfolio of each company to know when to make strategic adjustments in the products , to maintain sales and profitability or increase sales and profitability of a company.
The life cycle of a product is the process through which a trade item passes from its conception to its exit from the market. The cycle determines the 5 stages of a product: development, introduction, growth, maturity and decline.
It is not a simple job and requires an advanced statistical study in each company, with a market study. We can help you with our services focused on each product that your business has. First interview at no cost, where we can see your needs in this matter
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